International Banking

The details
Essex Business School
Colchester Campus
Undergraduate: Level 6
Monday 13 January 2020
Friday 20 March 2020
03 September 2019


Requisites for this module



Key module for

BSC N390 Banking and Finance,
BSC N392 Banking and Finance (Including Placement Year),
BSC NH90 Banking and Finance (Including Year Abroad),
BSC NR3Y Banking and Finance with a Modern Language

Module description

The module provides a good grasp of both the strategic drivers of international banks and selected aspects of the activities of international banking firms. The topics covered include international banking regulation, failures and crises, international banking activities and services, and comparative banking.

Module aims

This module aims to provide students with a good knowledge of international banking institutions and markets. Specifically, the topics covered include the kinds, functions and strategic drivers of international banks (including international commercial, investment, retail, and private banking) and the main features of international banking markets and offshore financial centres. Special attention will be given to the topics of risks and the need and role of international banking regulation, banking crises, and emerging trends.

Module learning outcomes

On successful completion of the module, students will be able to:
• Understand the main functions, structural and performance features of international banks
• Evaluate critically the main theories, activities, and strategies in international banking
• Assess the structure and trends of the banking markets around the world
• Appraise current competitive trends and risks affecting international banks

Module information

Skills for Your Professional Life (Transferable Skills)

The module will help students develop a range of transferable skills that will be useful in their future professional life, including:
* Ability to critically evaluate best practices and regulation compliance in international banking services
* Ability to draw implications for the improvement of practice from contemporary thinking in international banking
* Ability to identify and critically reflect on methods, processes, and outcomes in international banking
* Analytical skills
* Research skills
* Critical thinking
* Written communication skills

Learning and teaching methods

A two-hour lecture per week for ten consecutive weeks. Students are expected to do relevant reading and preparation before the lecture. It is strongly recommended that students also do additional reading to supplement the lecture material. In addition, a one-hour class every fortnight will be organised in tutorial groups. Students are expected to always go to the same tutorial group. Finally, there is a revision session in the summer term.


  • Heffernan, Shelagh A. (2005) Modern banking, Chichester: Wiley.
  • Saunders, Anthony; Cornett, Marcia Millon. (2018) Financial institutions management: a risk management approach, New York, NY: McGraw-Hill Education.
  • Casu, Barbara; Girardone, Claudia; Molyneux, Philip. (2015) Introduction to banking, Harlow: Pearson.
  • Smith, Roy C.; Walter, Ingo; DeLong, Gayle. (2012) Global banking, New York: Oxford University Press.

The above list is indicative of the essential reading for the course. The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students. Further reading can be obtained from this module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Weighting
Coursework In Class Test
Exam 120 minutes during Summer (Main Period) (Main)

Overall assessment

Coursework Exam
30% 70%


Coursework Exam
0% 100%
Module supervisor and teaching staff
Dr Anna Sarkisyan & Dr Konstantinos Baltas



External examiner

Dr Athanasios Verousis
The University of Newcastle-upon-Tyne
Senior Lecturer in Accounting & Finance
Prof Christos Ioannidis
Aston University
Available via Moodle
Of 40 hours, 38 (95%) hours available to students:
2 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).


Further information
Essex Business School

Disclaimer: The University makes every effort to ensure that this information on its Module Directory is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to programmes, modules, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to modules may for example consist of variations to the content and method of delivery or assessment of modules and other services, to discontinue modules and other services and to merge or combine modules. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications and module directory.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.